El Ibex busca reforzarse sobre los 19.000 puntos en una jornada semifestiva

The Ibex is poised to rise above 19,000 points in a semi-regular trading session, according to updated data. European futures indicate an opening in the positive, driven by eager investors, a further session of oil prices and interest on debt, alongside the commencement of the corporate earnings season. The Ibex commenced the day at 19,033 points, having lost 0.3% the previous week.

On Friday, the Ibex surged 0.55% in a highly volatile session. Investors remain cautious about the price of oil, citing its inflationary effects and the strain it exerts on debt returns, as it reaches decades-high highs. Brent crude is trading at $104 a barrel, with investors valuing recent news from the two major geopolitical conflicts.

On one hand, US President Donald Trump announced a trade oil embargo between Russia and Ukraine. Ukraine's president, Volodymyr Zelenski, stated that it is a good sign if Russia follows through. On the other hand, tensions escalate in the Middle East following Yemeni rebels' attack on Riyadh's international airport, killing 17 people.

Iran has offered to facilitate dialogue between Saudi Arabia and the rebels. This week, geopolitical tensions and their impact on oil prices will join the focus on corporate earnings season results. So far, strong earnings have been the main catalyst for stock markets amid inflationary pressures and monetary policies. Starting Tuesday, this week's accounts of major US banks, such as JP Morgan, Goldman Sachs, Citigroup, Wells Fargo, Bank of America, and Morgan Stanley, will be released.